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Royal Hotel Market St

5 Room Hotel High Peak SK22 2EP $1,075,936 ($215,187/Room)

Investment Highlights

  • Situated in the Peak District National Park.
  • The village itself is located approximately 12 miles east of Stockport and 6 miles north of Buxton.
  • It is positioned at the very heart of the village, adjacent to the cricket pitch.

Executive Summary

The property is available Freehold with vacant possession. Alternatively, the property is available To Let on free of tie terms with a Guide Rent of £65,000 per annum.
The Royal Hotel is currently closed and vacant after the previous tenant retired upon expiry of their lease. It was previously a 4 Star Inn and benefited from multi income streams; wet sales, catering, accommodation and function trade. We believe that an experienced operator may feel that there is an opportunity to invest in the property in order to re-establish the trade. No trading figures are available.

Attachments

Brochure

Property Facts

Price $1,075,936
Price Per Room $215,187
Sale Type Investment
Tenure Freehold
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.60 AC
Building Size 5,932 SF
No. Rooms 5
No. Stories 3
Year Built 1755
Parking Ratio 3.36/1,000 SF
Corridor Interior

Amenities

  • Restaurant
  • Patio
  • Meeting Event Space
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 5 $173.42 -
  • Listing ID: 31884695

  • Date on Market: 5/22/2024

  • Last Updated:

  • Address: Market St, High Peak SK22 2EP

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